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    Property profile & analytics

    5930 Powers Ave Jacksonville, FL 32217-2210

    • Turn key restaurants
    • 3,250 SF
    • 0.89 lot acres
    OFF-MARKET
    Last Sale
    Feb 28, 2020
    $700,000
    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8775052
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Woody's Bar-B-Q / Barbecue Restaurant / Chicken Wings Restaurant

    Property Details for 5930 Powers Ave

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.89 lot acres
    Property size
    3,250 SF
    Zone code
    CCG-1
    Property type
    Turn key restaurants
    APN
    154022-0050
    APU
    1540220050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $725,000
      ML approach
      $785,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,031,000
      Market price range: $723k - $2.62M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6221
    Latitude
    30.2628
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,357
    $193,840
    $457,060
    $650,900
    -
    $193,840
    $457,060
    $650,900

    Comparable in this City

    • Value Estimation
      $445,000
      4,301 SF

      4100 Baymeadows Rd

      RESTAURANT • 4,301 SF
      4100 Baymeadows Rd, Jacksonville, FL 32217-4602
      View Details
    • Value Estimation
      $300,000
      1,682 SF

      6082 Saint Augustine Rd

      RESTAURANT • 1,682 SF
      6082 Saint Augustine Rd, Jacksonville, FL 32217-2140
      View Details
    • Value Estimation by Request
      3,744 SF

      3911 University W Blvd

      RESTAURANT • 3,744 SF
      3911 University W Blvd, Jacksonville, FL 32217-2219
      View Details
    • Value Estimation
      $355,000
      2,719 SF

      3750 University W Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,719 SF
      3750 University W Blvd, Jacksonville, FL 32217-2135
      View Details
    • Value Estimation
      $285,000
      14,910 SF

      6000 Powers Ave

      NIGHTCLUB (COCKTAIL LOUNGE) • 14,910 SF
      6000 Powers Ave, Jacksonville, FL 32217-2212
      View Details
    • Value Estimation
      $5,265,000
      4,932 SF

      3814 University W Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,932 SF
      3814 University W Blvd, Jacksonville, FL 32217-2202
      View Details

    Similar Nearby for Sale

    • $49,000
      1,000 SF

      Established Juice Bar in Jacksonville

      Well-equipped juice bar for sale in a prime location.
      5230 Baymeadows Rd, Jacksonville, FL 32217
      View Details
    • $699,000
      2,870 SF

      Freestanding Building on San Jose

      2,870± SF building suitable for retail or medical office.
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    • $1,100,000
      2,870 SF

      San Jose Blvd. Retail Storefront

      Prime Jacksonville location, 2,870 SF, $1.1M
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    • $130,000

      Jacksonville Warehouse Opportunity

      Established Business, High Traffic Area
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      View Details
    • $2,600,000
      4.60 Acres

      Lumen At Baymeadows: Senior Living Opportunity

      Jacksonville, FL: 135-unit senior living campus
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      2,063 SF

      Jacksonville Medical Office Building

      Prime Medical Office, 2,063 SF, $600K
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    Similar Nearby for Lease

    • Contact for pricing
      56,479 SF

      San Jose Shopping Center Investment

      Prime Jacksonville Retail Space Available
      2777 University Blvd, Jacksonville, FL 32217
      View Details
    • Contact for pricing
      874 SF

      Retail Space in Open-Air Center

      Retail space available in a repainted open-air shopping center.
      1525-1567 University Blvd W, Jacksonville, FL 32217
      View Details
    • Contact for pricing
      2,670 SF

      Retail Space in Open-Air Center

      Retail space available in a repainted open-air center.
      6012-6030 San Jose Blvd W, Jacksonville, FL 32217
      View Details
    • $11 SF/Yr
      1,470 SF

      Retail Space Near Baymeadows Road

      Premier shopping center with custom suites near Baymeadows Road.
      8650 Old Kings Rd S, Jacksonville, FL 32217
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    • $1,900 /Mo
      1,200 SF

      New Commercial Space in Jacksonville

      New construction commercial space with flexible layouts and pre-construction incentives.
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      View Details
    • Contact for pricing
      2,395 SF

      Freestanding Retail Building For Rent

      2,395 SF freestanding retail building with excellent visibility.
      6002 Saint Augustine Rd, Jacksonville, FL 32217
      View Details

    Property Visit Statistics

    • Visits by month
      9.6k
    • Visitors by month
      8.5k
    • Avg Time on site
      13 min
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    5930 Powers Ave
    Jacksonville, FL 32217-2210
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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